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XLM XL ID Solutions

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Share Name Share Symbol Market Type
XL ID Solutions TSXV:XLM TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Excellium Inc. Grants Stock Options

22/08/2012 4:13pm

Marketwired Canada


Excellium Inc. (TSX VENTURE:XLM) (the "Corporation " or " Excellium"), announces
that it has granted effective today an aggregate of 1,500,000 options to acquire
common shares of the Corporation to its directors and officers and to certain of
its employees. All options have an exercise price of $0.12, will vest
immediately and will expire on August 22, 2017. 


As part of the options granted today, 200,000 options were granted to the Chair
of the Board, 150,000 options were granted to the Chair of each of the three
committees of the Board and 100,000 options were granted to the other Board
member. The President and Chief Executive Officer received 200,000 options and
each of the Interim Chief Financial Officer, the Vice-President, Business
Development and Special Projects, the Vice-President, Security and Identity and
the Vice-President, Administration and Secretary received 100,000 options. 


Excellium is a security company specialized in biometrics identity systems and
proactive security management and in the integration of security products for
the institutional and industrial markets. Excellium is active in two distinct
but complementary lines of business: electronic security, which includes
security management, access control and video surveillance, and electronic
identification, comprising background checks and biometric identification.
Further information about the Corporation may be found on its website at
www.excellium.ca. 


Excellium continuous disclosure filings are available on SEDAR at www.sedar.com.

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